R37,000,000
R37,000,000
MULTIPLE INCOME STREAMS AND OPPORTUNITY FOR MORE!!
Sporting Events, Accommodation, Water, Restaurant, Kids Parties.
Vendor finance opportunities can be explored with the owner. The owner has diversified this property to allow for multiple income streams. This commercialized property on the Du Toitskloof Pass Road (R101) lies on both sides of the busy N1 toll road and the R101 for almost 2km. Tunnels under both roads create the ideal opportunity for various sporting events as they offer safe crossing of these roads. The profit centers are as follows:
WEDDING & FUNCTION – The function venue can seat up to 300 guests and there is enough space for a marquee tent to be erected outside.
RESTAURANT & KIDS PARTIES – There is a huge undercover KIDS party facility.
The restaurant is currently not operating.
EXPO, ARTS & CRAFT MARKET – Permanent Expo, Arts & Crafts Market zoning approved and are not operational yet.
WATER - Quality natural Mineral water with CSIR certification and a small water filtering facility.
- At least 100,000 liters of unfiltered water can be supplied per day.
- Existing underground irrigation system.
- Water rights from the government irrigation scheme allow 61 hours of water every 10 days for agricultural use.
- 5 boreholes.
- 3/4 dams.
DURING EXTREME DROUGHT CONDITIONS THERE WAS A 2-YEAR AGREEMENT IN PLACE TO SUPPLY 100,000 LITRES OF WATER PER DAY TO A BOTTLING COMPANY – an opportunity with enormous potential to explore.
ACCOMMODATION
- 9 dwellings of which 8 are leased out and the 9th will be leased out.
- 7 staff houses
FARMING INCOME
- via lease agreement of a small section
ADVERTISING BOARDS INCOME
The agreement has been signed and is in the final stages with a national advertising company to erect 2 advertising boards for millions of people passing N1 and R101.
- This offers a monthly income stream
LEARNING CENTRE
- Not Operational
APPROVED ZONING RIGHTS & LICENSES
- Arts & Crafts/Expo Market
- Hosting of events – sporting events, musical festivals, etc.
- On-site food processing.
- Restaurant/ Deli and Road Stall
Don’t hesitate to contact us for more details of this amazing opportunity.
Features
Zoning:
Agricultural
Exterior
Security
No
Sizes
Floor Size
400m²
Land Size
52Ha
Parking Bays
Open Parking Bays
5
Extras
Main House, • 8 Leased dwellings, • 7 Staff houses, • 5 Boreholes, • Kiddies Party Venue, • Underground Irrigation, • Filters & Pumps, • 100 000L Mineral Water Supply per day, • Mountain Biking Trail, • Walking Trail, • Hosts Extreme obstacle races, • Hosts Musical FestivalsKlein Drakenstein, Paarl
Paarl (English: Pearl) was named after the awe-inspiring sight of the Paarl Domes on the Mountain Range in the morning after a heavy storm.
Originally an outpost for trade between the Dutch and the local Khoi, Paarl is a beautiful town located in the Western Cape Province, and is the third oldest town in South Africa.
Residents of Paarl property take pride in the amazing scenery that completely surrounds...
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